The Federal Reserve Board (FRB) announced two new financial technology (fintech) resources focused on fintech innovation.
On December 17, 2019, the Federal Reserve Board (FRB) announced the following two new financial technology (fintech) resources focused on fintech innovation:
The FRB launched a new fintech innovation section of its website. The section is meant to serve as a central resource for those interested in learning about and engaging with the FRB on matters related to fintech innovation.
The FRB announced that it will hold a series of "fintech innovation office hours" across the US in an effort to provide banks and fintech firms with a chance to speak with the FRB about fintech developments. The first session will take place at the Federal Reserve Bank of Atlanta on February 26, 2020. Interested parties may register on the Federal Reserve Bank of Atlanta's website.
Meetings are limited to 50 minutes, are by appointment only, and discussions during meetings are limited to fintech innovation. Topics of interest and objectives are to be specified by the interested party during registration and the FRB may be in contact to request additional information. The FRB reserves the right to decline meeting requests and will not provide supervisory review or approval during meetings.